BU231 Lecture Notes - Lecture 10: General Agreement On Tariffs And Trade, Countervailing Duties, Investment Canada
Document Summary
Too often don"t know the jurisdiction you are doing business in where do we do business. How do i carry on business internationally -where do we do business. What do we do about disputes once we"re already doing it, look at them ahead of time. It"s all about minimum wage- if china had the same minimum wage as. Canada or us the world would be a different place. Proper law of the contract: express/ implied intent. Common understanding of terminology: commercially accepted standard. Currency: price and payment/ countertrade, not just picking but tying it to a currency rate. Pick a rate or pick a date. Jurisdiction- where will the lawsuit be- choice of forum: is there a term in the contract, what is the most convenient form. Standing- does the plaintiff have the right to start an action in the jurisdiction- who. Choice of law- proper law of the contract, what law will be applied to the dispute.
